Which of the Following Statements Is Generally Correct About the Appropriateness

question 48

Multiple Choice

Which of the following statements is generally correct about the appropriateness of audit evidence?

• A)Auditors' direct personal knowledge, obtained through observation and inspection, is of higher quality than information obtained indirectly from independent outside sources.
• B)To be reliable, audit evidence must be either valid or relevant, but need not be both.
• C)Client accounting data alone may be considered sufficient appropriate audit evidence to issue an unmodified opinion on client financial statements.
• D)Appropriateness of audit evidence refers to the amount of corroborative evidence to be obtained.

Distinguish between expert and novice approaches in skill-specific domains, like chess.

Understand the role of expertise development over time.

Recognize common pitfalls and limitations in human judgment, reasoning, decision-making, and problem-solving.

Evaluate strategies to improve critical and creative thinking skills.

---

Definitions:

Motor Skills

Skills involving the precise movement of muscles with the intent to perform a specific act, classified into fine motor skills and gross motor skills.

Understand The World

The capacity to grasp, comprehend, and interpret the nature, significance, or explanation of things around us.

Sucking Thumb

A natural reflex for babies and young children that serves as a mechanism for self-soothing and emotional regulation.

Sensorimotor Development

Piaget's first stage of cognitive development (from birth to about 2 years of age), where infants learn through interacting with their environment using their senses and motor actions.